20 Albert St Waltham — Photo 1 of 39
$899,000
Investment Analysis — 20 Albert St
Waltham, MA 02453
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02453 carries an estimated $3,060/mo in gross rent — about a 2.21% cap rate and $19,885/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
2,116
Style
Single Family
Built
1955
Picture-perfect Cape offering turnkey living in a warm, beautifully updated home. From the moment you step inside, gleaming hardwood floors, abundant natural light, and bright, inviting spaces make this home feel special.At the heart of the home is a brand-new, thoughtfully designed open kitchen, ideal for both everyday living and entertaining. The flexible front-to-back layout offers plenty of space for an eat-in kitchen or dedicated dining area. A generously sized living room features a wood-burning fireplace and large bow window, while the inviting den includes a charming built-in nook and direct access to the backyard.And what a backyard it is. Designed for true indoor-outdoor living, this private oasis features a beautiful patio, established gardens, and plenty of lawn for entertaining, playing, gardening, or simply relaxing outside. The hot tub is negotiable, offering the opportunity to enjoy the space year-round. With the den opening directly to the yard, the home flows naturally outdoors and creates a wonderful setting for summer dinners, weekend gatherings, and quiet evenings at home.Upstairs, two spacious bedrooms feature generous walk-in closets and oversized skylights, bringing in beautiful natural light by day and offering views of the night sky after dark. The finished lower level adds even more flexible living space, including an exercise room and laundry area.Best of all, you don't have to choose between this lifestyle and an easy commute. The commuter rail is just a five-minute walk from your front door, with North Station approximately 20 minutes away, while both I-90 and I-95 are only minutes from home. Enjoy the space, gardens, outdoor living, and neighborhood feel of life outside the city while remaining steps from your ride into Boston.Tastefully and meticulously updated throughout, this truly move-in-ready home offers the best of both worlds: a beautiful home and backyard to enjoy every day, with exceptional access to Boston when you need it. All that's left to do is unpack and enjoy.Showings begin at the open house Saturday, September 19 at 1:00 PM.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,116 sq ft principal dwelling). Lot size: 5,271 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Tankless Water Heater
Neighborhood
Park • Highway Access • T-Station • Sidewalks
Geography
Listing Agent: David Ferrini
Listing Office: Coldwell Banker Realty - Sudbury
MLS® Number: 73578658
